Economics · Cost Curves
What is the relationship between the Average Cost (AC) curve and the Marginal Cost (MC) curve?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The AC curve intersects the MC curve at its maximum point
- 2The MC curve intersects the AC curve at its minimum point✓
- 3They never intersect
- 4They are parallel horizontal lines
Correct answer
The MC curve intersects the AC curve at its minimum point
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cost Curves MCQs →Want more practice questions on Cost Curves?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Cost Curves